Ms. Thompson, a compliance manager at a financial institution, is tasked with developing a sanctions compliance program. Which of the following components should be included in the program to ensure comprehensive coverage of sanctions risks?

• A. Conducting market research to identify emerging trends in sanctions enforcement by regulatory authorities.
• B. Offering financial incentives to employees who achieve high levels of compliance with sanctions regulations.
• C. Ongoing monitoring of transactions to detect and report suspicious activities related to sanctions.
• D. Regular audits of the institution's financial statements to identify potential sanctions violations.

You are in charge of network security for a national financial institution. Despite your best efforts you have suffered a major data breach due to overseas hackers. You are now tasked with reacting to that breach.
Which action should you take immediately?

• A. Reconfigure all of your access devices lo refuse connections for any IP address that is international
• B. Terminate all external connections to devices that hold sensitive customer data
• C. Deploy a new set of proxy firewalls to your intranet
• D. Identify the sensitivity of the data and level of impact on the organization

A law enforcement agent is pursuing an asset recovery case against a defendant accused of running a multimillion-dollar securities fraud scam. The defendant is thought to have moved more than $25 million through a corporate brokerage account held by a corporation formed in Las Vegas. Nevada.
It is believed that funds were sent to accounts held by shell companies in the Netherlands and the Bahamas. It is also suspected that the defendant purchased luxury goods including several high-end sports cars with proceeds of the fraud. The vehicles are registered and tilled to a trust company with a mailing address that is a post office box in Delaware. The agent is attempting to connect the vehicles to the defendant to make the case that they should be seized.
Which item below would BEST support this effort?

• A. Records of incoming funds transfers received by the corporate brokerage account held by the Nevada corporation
• B. An invoice from the shipping company for the cars that is addressed to the defendant
• C. Contact information for a registered agent acting as trustee of the trust company that holds the vehicle titles
• D. Records of outgoing funds transfers from the accounts of the shell companies in the Netherlands and Bahamas

ABC LLC is a company that is incorporated in an offshore jurisdiction Bank A opens an account for ABC LLC after completing a standard Customer Due Diligence questionnaire ABC LLC is a holding company for another firm that does business with arms companies in North Korea that are rumored to supply a number of militant groups.
Which two statements may be true about Bank A? Choose 2 answers ^

• A. It may be aiding in money laundering and terrorist financing
• B. It may be liable (or opening an account for an offshore holding company
• C. It may be absolved of liability by way of conducting initial due diligence
• D. It may be subject to sanctions for ultimately dealing with North Korea